Posted By Tristan Valehart On 29 Mar 2025 Comments (13)
HKD.com Exchange Risk Calculator
HKD.com is a Hong Kong-based crypto exchange with a custodial model, no clear regulatory license, and reported withdrawal delays. This calculator helps you assess how these factors align with your risk tolerance.
Risk Assessment Result
Overall Risk Level:
Risk Factors:
Recommendation:
| Exchange | Maker Fee | Taker Fee |
|---|---|---|
| HKD.com | 0.02% | 0.02% |
| Binance | 0.02% | 0.04% |
| Coinbase | 0.00% (maker) | 0.50% (taker) |
| Kraken | 0.00%-0.16% | 0.00%-0.26% |
Key Takeaways
- HKD.com claims over $1billion daily volume but traffic data shows under 3,000 monthly visits.
- Fees are advertised as 0% in some places, yet most sources list a 0.02% maker/taker rate.
- The exchange is custodial, has no clear regulatory licence and has a history of withdrawal delays.
- App stability issues (login failures, network errors) are common on both iOS and Android.
- Compared with regulated giants like Binance or Coinbase, HKD.com falls short on trust, support and market reach.
If you’re weighing whether to put crypto on a platform that markets itself as a global hub, this HKD.com review breaks down every public piece of data - from fee schedules to user complaints - so you can decide if the risks are worth the hype.
What Is HKD.com?
HKD.com is a Hong Kong‑registered digital asset exchange launched in 2019 under HKD.COM LIMITED. The company touts a 10,000‑sq‑ft physical trading floor in Hong Kong and claims to serve a worldwide audience with more than 100 spot pairs, P2P swaps, futures contracts, NFT marketplace, yield‑earning programs and a launchpad for new tokens.
Core Services at a Glance
- Spot Trading - over 100 cryptocurrency‑to‑cryptocurrency pairs.
- P2P Trading - peer‑to‑peer fiat‑to‑crypto swaps.
- Futures Contracts - leveraged contracts on major coins.
- NFT Trading - marketplace for non‑fungible tokens.
- Yield Earning - staking‑like programs that promise periodic returns.
- Launchpad - token sales for vetted projects.
Fee Structure - What You Really Pay
Public statements are contradictory. FxVerify lists a “0% maker and taker” model, which would be unprecedented, while a GitHub audit records a 0.02% fee on both sides. For comparison, Binance and Coinbase charge between 0.05% and 0.10% for most traders.
| Exchange | Maker Fee | Taker Fee |
|---|---|---|
| HKD.com | 0.02% | 0.02% |
| Binance | 0.02% | 0.04% |
| Coinbase | 0.00% (maker) | 0.50% (taker) |
| Kraken | 0.00%-0.16% | 0.00%-0.26% |
Even at 0.02%, HKD.com’s fees are on par with the lowest tier of major exchanges, but the lack of transparent fee schedules remains a red flag.
Security Model - Custodial or Self‑Custody?
HKD.com runs a fully custodial system. Users do not hold private keys; instead, the platform stores assets in a combination of hot and cold wallets protected by multi‑signature controls. While the company touts “cutting‑edge encryption,” the custodial nature means you are trusting HKD.com to safeguard your funds. No third‑party audit reports are publicly available, and the platform’s terms grant it broad discretion to freeze accounts for “financial verification” - a clause that has been invoked in multiple withdrawal complaints.
Regulatory Standing - Is the Exchange Licensed?
Research from FxVerify shows no registration with HKMA, ASIC, FCA or any other recognized regulator. The lack of a licence places HKD.com in a gray zone, exposing traders to potential legal uncertainty, especially in jurisdictions that require exchanges to be AML/KYC compliant.
Real‑World User Experience
App reviews tell a consistent story. On iOS, the version 3.1.2 update promised “network optimisations,” yet users still report withdrawals stuck for weeks, sometimes over a year, with vague “financial verification” messages. Android users mention frequent “network error” screens that prevent login altogether. The Google Play rating sits at 3.8/5 from just over 200 reviews - a modest figure that hints at limited adoption.
Withdrawal delays are the most serious complaint. Verified reviewers have posted screenshots of support tickets where the exchange asks for additional documents repeatedly, then remains silent for months. In contrast, regulated platforms often resolve withdrawals within 24‑48hours.
Traffic, Market Position, and Growth Prospects
SimilarWeb data shows only 2,742 monthly visits, a 99% organic share, 39% bounce rate, 1.56 pages per visit and an average dwell time of 10.6seconds. For perspective, Binance draws millions of visits daily. The low engagement suggests users either cannot access the service or lose trust quickly.
FxVerify ranks HKD.com 420 out of 612 exchanges in organic traffic - squarely in the lower‑third tier. The physical storefront in Hong Kong is a unique marketing angle but does not compensate for the digital platform’s weak traffic and credibility gaps.
Pros and Cons - Quick Reference
| Pros | Cons |
|---|---|
| Wide product suite (spot, futures, NFT, yield, launchpad) | No clear regulatory licence - high legal risk |
| Competitive fee claim (0.02% or lower) | Custodial wallet - users don’t control private keys |
| Physical trading floor offers a unique brand story | Frequent withdrawal delays and account freezes |
| Mobile apps available for iOS and Android | Poor app stability - login/network errors common |
| VIP discount program for high‑volume traders | Very low web traffic and user engagement metrics |
Bottom Line - Should You Trade on HKD.com?
HKD.com markets itself as a “global” exchange, but the data tells a different story. The platform offers an impressive list of services, yet the lack of regulation, custodial risk, and a spate of withdrawal complaints make it a high‑risk choice. If you value transparency, fast withdrawals and regulatory protection, sticking with established players like Binance, Coinbase or Kraken is safer. For speculative traders who can afford to lose the amount they deposit, HKD.com could be a sandbox to test yield programs or NFT listings, provided they keep only a small portion of their portfolio and are prepared for possible lock‑outs.
Frequently Asked Questions
Is HKD.com regulated?
No. Public records and third‑party analyses show that HKD.com does not hold a licence from any major financial regulator, which raises legal and compliance concerns for users.
What are the actual trading fees?
Most independent audits list a 0.02% maker and taker fee. Advertised “0%” rates have not been independently confirmed.
Can I withdraw my funds instantly?
Withdrawal times vary widely. Numerous users report delays of days to months, often due to “financial verification” requests.
Is the platform secure?
HKD.com uses a custodial hot‑and‑cold wallet system with multi‑signature protection, but no public security audit is available. Users must trust the exchange entirely.
How does HKD.com compare to Binance or Coinbase?
In terms of fees, HKD.com is comparable or slightly cheaper. However, Binance and Coinbase are regulated, have higher liquidity, better customer support, and far stronger user trust.
Mangal Chauhan
March 29, 2025 AT 00:39Dear fellow traders, I appreciate the thoroughness of the HKD.com review and would like to add a few constructive points. First, always diversify your holdings across multiple custodial and non‑custodial platforms to mitigate single‑point failures. Second, when a platform lacks a clear regulatory license, it is prudent to treat any deposited capital as high‑risk. Third, consider using hardware wallets for the majority of your assets, keeping only a small amount on exchanges for active trading. Fourth, monitor withdrawal processing times closely; if a withdrawal is delayed beyond 48 hours, initiate a support ticket immediately. Fifth, maintain detailed records of all communications with the exchange, as they may be needed for dispute resolution. Sixth, be aware that promotional fee reductions often come with hidden conditions, so read the fine print before committing large volumes. Seventh, verify the exchange’s cold‑storage practices through third‑party audits, which are currently missing for HKD.com. Eighth, engage with community forums to stay informed about recent user experiences, as collective intelligence can surface issues early. Ninth, implement two‑factor authentication and regularly rotate your passwords to strengthen account security. Tenth, if you notice repeated login or network errors, temporarily suspend trading on that platform to avoid accidental losses. Eleventh, treat any request for additional documentation with caution; confirm the legitimacy of the request through official channels. Twelfth, keep your exposure to high‑leverage products such as futures within a comfortable margin to prevent liquidation cascades. Thirteenth, allocate only a modest portion of your portfolio to experimental services like yield‑earning programs, which may carry additional smart‑contract risk. Fourteenth, review the exchange’s terms of service for clauses that allow account freezes, and be prepared for possible downtime. Lastly, remember that the crypto market is volatile, and disciplined risk management remains the cornerstone of sustainable investing 😊.
Narender Kumar
April 4, 2025 AT 23:19The narrative surrounding HKD.com reads like a modern tragedy, where lofty promises clash with stark operational realities. Its purported 10,000‑sq‑ft trading floor evokes grandeur, yet the digital footprint tells a tale of scarcity and obscurity. Regulatory anonymity casts a shadow over user trust, transforming enthusiasm into apprehension. Withdrawal delays, as documented by numerous testimonies, serve as the crescendo of this drama. In the grand theatre of crypto exchanges, only those who can substantiate their claims earn the standing ovation of the community. Consequently, prudence dictates a cautious approach toward this platform.
Anurag Sinha
April 11, 2025 AT 21:59Yo, have you ever thought that HKD.com is just a front for some shadowy cabal controlling the blockchain? They say “custodial”, but really they’re hoarding your coins like a secret vault. I read the audit… maybe it’s fake, who knows, the internet is full of bots feeding the lie. The withdrawal delays? Classic money‑laundering smokescreen, they want you to think it’s just a glitch. Keep your keys offline or you’ll be feeding the beast.
Raj Dixit
April 18, 2025 AT 20:39India’s crypto community deserves platforms that respect our regulatory framework. HKD.com operates outside any recognized Indian authority, which is a red flag. Supporting such an exchange undermines national financial security. Stick with exchanges that comply with RBI guidelines.
Lisa Strauss
April 25, 2025 AT 19:19Great job breaking down the key points! Your clear layout makes it easy for newcomers to understand the risks. I love how you highlighted both the fee advantages and the security concerns, giving a balanced view. Keep spreading these helpful reviews, they empower the community!
Darrin Budzak
May 2, 2025 AT 17:59I totally agree with your assessment; the concise summary is very helpful. It’s refreshing to see a review that doesn’t just hype the platform but also warns about potential pitfalls. Thanks for the thoughtful write‑up!
Enya Van der most
May 9, 2025 AT 16:39Listen up, crypto enthusiasts! If you’re hunting for a platform that offers a buffet of services, HKD.com certainly tempts you with spot, futures, NFTs, and yield farms. However, the lack of regulatory oversight is a massive blind spot that can trip up even the savviest traders. Take this as a challenge: use the exchange only for small experiments while keeping the bulk of your capital in a secure, self‑custodied wallet. Remember, bold moves require diligent safety nets!
Eugene Myazin
May 16, 2025 AT 15:19Your enthusiasm is infectious, and I love the balanced risk‑reward advice. From a cultural perspective, it’s important to respect local regulations while exploring innovative platforms. Staying mindful of jurisdictional nuances will keep your trading journey smooth.
Latoya Jackman
May 23, 2025 AT 13:59The review accurately outlines the regulatory ambiguity and withdrawal issues associated with HKD.com. It is essential for users to evaluate these factors against their personal risk tolerance before allocating funds.
karyn brown
May 30, 2025 AT 12:39Honestly, your polished tone hides the harsh reality – the platform is a ticking time‑bomb 😬.
Megan King
June 6, 2025 AT 11:19Hey folks, love the thorough breakdown – it really helps us all stay informed. Just a friendly heads‑up: keep a small portion on HKD.com if you wanna test the yield stuff, but never go all‑in. Stay safe and happy trading!
C Brown
June 13, 2025 AT 09:59Oh, so you think a few hundred dollars on a sketchy exchange is harmless? That’s the kind of naive optimism that gets people scammed. Maybe try a regulated platform before bragging about “testing” risky services.
Lana Idalia
June 20, 2025 AT 08:39At the end of the day, crypto exchanges are mirrors reflecting our collective trust-or lack thereof. If we place our faith in an entity without transparent eyes, we’re merely projecting our own uncertainties onto the blockchain. Philosophically, scarcity of regulation breeds scarcity of confidence. So, choose wisely, because every transaction is a statement of belief.